5 Minute Forex Trading Signals Compared To Best Forex Trade Signals

Here is a comparison of the Forex signals services <a href="http://www.tradetheforexmarket.com/forex_signals/5-minute-trading-signals-vs-best-forex-trade-signals/" target='_blank'>5 Minute Trading Signals Provider</a> and Best Forex Trade Signals. I usually do not compare Forex signals services like 5 Minute Trading that make you place the trades manually to Best Forex Trade Signals that automatically places the trades for you. But in this case, since the trade alerts come out at the same time, are set-and-forget and can be placed in only 5 minutes, I decided to make an exception.<br><br>

5 Minute Trading

<br><br>5 Minute Trading provides Forex alerts for EURUSD and EURJPY at 03:00 EST and USDJPY and USDCAD at 00:00 EST. At the same time every trading day, you log into the site and get the signals. The alerts come out at the same time every day. You place the trades using the entry, stop loss and take profit levels given.<br><br>This is a true set and forget Forex signals service. After placing the trades, you are done until the next day at the same time. You can even close your trading platform as it does not need to be connected to the Internet any more.<br><br>The biggest difference between 5 Minute Trading and Best Forex Trade Signals is how you have to place the trades manually. Best Forex Trade Signals automatically places the trades for you on the broker level. But I would argue the fact the signals can be placed in less than 5 minutes does not make this the most important difference.<br><br>With Best Forex Trade Signals you get both the trade signals and the advanced money management. This means you can copy both the pip gains as well as get the same percentage gains. Followers of the signals service mirror the lot size proportional to their account balance which means the same percentage gains are possible.<br><br>In comparison, 5 Minute Trading does not help you with the money management aspect of trading. You get all the information needed to place the trades and get the same pip numbers. But they do not give you any indication as to what lot size to use.<br><br>Coming up with money management rules is not hard if you are an experienced trader. But if you are a novice trader and do not have a good money management strategy, this can be very important. You could be leaving profits on the table by using too low a lot size, or risking too much.<br><br>At the end of the day, it is best to get both the trade signals and the advanced money management like Best Forex Trade Signals offers. Once you account is set up to receive the signals, there is nothing more to do so it is very easy. The addition of professional money management gives you the ability to duplicate the percentage gains the service is reporting. To see the full comparison go here: <a href="http://www.tradetheforexmarket.com/forex_signals/5-minute-trading-signals-vs-best-forex-trade-signals/" target='_blank'>5 Minute Trading Signals Provider</a>